Volvo Cars is suspending production at its main plant in Torsland, Sweden, due to a shortage of semiconductor components. This is reported by the publication Goteborgs-Posten with reference to the press service of VolvoCars.
“We had to do this because of a lack of semiconductors,” said Volvo spokeswoman Merhavit Habte, adding that the downtime will last at least a week.
The shortage of semiconductors after the pandemic has become a real problem for Volvo, as demand has increased, and chips for production are still not enough. If necessary, if there are still not enough components, the downtime can be extended.
A week ago, it was reported that the Volvo Group, which stopped producing trucks in Russia at the end of February, is considering options for optimizing its business in the country, in particular, its full or partial sale.